Nonpartisan civic infrastructure
AllCiv·Legis1
·

Neighborhood Finance Corporation

Public charityFed auditsIRS 990
Other · DES MOINES, IA · EIN 42-1353472

About

Neighborhood Finance Corporation provides unique lending programs and related services to facilitate neighborhood revitalization in Polk and Linn Counties through partnerships with residents, governments, community-based organizations, financial institutions and the business community.

Donations are tax-deductible
Category
Other
Employees
23
Volunteers
41

Financial Snapshot

FY ending 2023-12-31
Revenue
$11.6M
Expenses
$7.2M
Assets
$101.2M
Liabilities
$40.1M

Financial history

$12.6M$6.3M$0
1617181920212223
RevenueExpenses
Latest FY2023: $11.6M · Peak FY2018: $12.6M · Avg: $9.2M
NEIGHBORHOOD FINANCE CORPORATION
Your actions

Address

4908 Franklin AVE
DES Moines, IA, 50310-190

Governance

Voting board members14
Independent members14
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.